148 Simei Street 1 520148, Simei, East Region, Singapore
$850,000
A rare opportunity to own a spacious unique layout, renovated, corner 5-room, (Improved) HDB (approx. 123 sqm) in the heart of Simei, a highly sought-after mature estate known for its convenience, schools, and family-friendly living. Homes of this size are increasingly hard to find, making this unit ideal for families upgrading or buyers who value space, layout, and long-term liveability. Key Highlights • Approx. 123 sqm / 1,323+ sqft – significantly larger than newer 5-room flats • Efficient, squarish layout – easy to renovate and reconfigure • Mid-floor unit – good privacy, natural light & ventilation • Peaceful mature estate with full amenities nearby • Move-in ready or renovate to your taste Location & Connectivity • Walking distance to Simei MRT (EW3) • Easy access to PIE & ECP • Short commute to: • Changi Business Park • Airport & aviation hub • Tampines Regional Centre Schools & Amenities • Near established schools such as: • Simei Primary School • Changkat Primary School • Angsana Primary School • Close to markets, eateries, parks, and daily conveniences Ideal For • Families upgrading from 3- or 4-room flats • Multi-generation households • Buyers prioritising space + MRT + schools over condo facilities Viewings by appointment only Oversized 5-room units in Simei are limited and in strong demand. Contact now Rekael Das @ 9119XXXX to secure a private viewing Oversized 5-room units in Simei are limited and in strong demand. Contact now to secure a private viewing.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 143 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$677,027
S$511 psf
Asking Price
S$850,000
S$642 psf
vs Market
+25.5%
vs Last Done
+8.8%
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
High
143 comps
Nearest MRT
Simei
445m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
143 comparable transactions
S$568
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.857
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$511
Recent Comparable Transactions
10 shown · 143 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 154 SIMEI ST 1 Floor 07 TO 09 | 1,313sqft | S$775,000 | ▲S$590 +15.5% vs FV | 99yr from 1988 |
May 2026 | Blk 154 SIMEI ST 1 Floor 07 TO 09 | 1,313sqft | S$775,000 | ▲S$590 +15.5% vs FV | 99yr from 1988 |
May 2026 | Blk 126 SIMEI ST 1 Floor 01 TO 03 | 1,313sqft | S$700,000 | ▲S$533 +4.3% vs FV | 99yr from 1988 |
May 2026 | Blk 150 SIMEI ST 1 Floor 01 TO 03 | 1,313sqft | S$725,000 | ▲S$552 +8.0% vs FV | 99yr from 1987 |
May 2026 | Blk 162 TAMPINES ST 12 Floor 04 TO 06 | 1,432sqft | S$845,000 | ▲S$590 +15.5% vs FV | 99yr from 1984 |
May 2026 | Blk 260 TAMPINES ST 21 Floor 07 TO 09 | 1,432sqft | S$770,000 | ▲S$538 +5.3% vs FV | 99yr from 1984 |
May 2026 | Blk 288 TAMPINES ST 22 Floor 07 TO 09 | 1,432sqft | S$720,000 | ▼S$503 -1.6% vs FV | 99yr from 1984 |
Apr 2026 | Blk 156 SIMEI RD Floor 04 TO 06 | 1,313sqft | S$750,000 | ▲S$571 +11.7% vs FV | 99yr from 1989 |
Apr 2026 | Blk 163 SIMEI RD Floor 04 TO 06 | 1,313sqft | S$728,000 | ▲S$554 +8.4% vs FV | 99yr from 1989 |
Apr 2026 | Blk 138 SIMEI ST 1 Floor 10 TO 12 | 1,313sqft | S$750,000 | ▲S$571 +11.7% vs FV | 99yr from 1988 |
Apr 2026 | Blk 120 SIMEI ST 1 Floor 07 TO 09 | 1,378sqft | S$760,000 | ▲S$552 +8.0% vs FV | 99yr from 1988 |
Blk 154 SIMEI ST 1
May 2026 · Floor 07 TO 09
+15.5% vs FV
Blk 154 SIMEI ST 1
May 2026 · Floor 07 TO 09
+15.5% vs FV
Blk 126 SIMEI ST 1
May 2026 · Floor 01 TO 03
+4.3% vs FV
Blk 150 SIMEI ST 1
May 2026 · Floor 01 TO 03
+8.0% vs FV
Blk 162 TAMPINES ST 12
May 2026 · Floor 04 TO 06
+15.5% vs FV
Blk 260 TAMPINES ST 21
May 2026 · Floor 07 TO 09
+5.3% vs FV
Blk 288 TAMPINES ST 22
May 2026 · Floor 07 TO 09
-1.6% vs FV
Blk 156 SIMEI RD
Apr 2026 · Floor 04 TO 06
+11.7% vs FV
Blk 163 SIMEI RD
Apr 2026 · Floor 04 TO 06
+8.4% vs FV
Blk 138 SIMEI ST 1
Apr 2026 · Floor 10 TO 12
+11.7% vs FV
Blk 120 SIMEI ST 1
Apr 2026 · Floor 07 TO 09
+8.0% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room unit in Tampines, with an estimated value of $677,027, reflects a significant premium in the current market landscape. Priced at $511 per square foot (PSF), this property commands a notable 25.5% premium above the baseline valuation, indicating a robust demand for HDB flats in this region. The elevated market signal suggests that buyers are willing to pay a higher price point, likely driven by the desirable location, amenities, and proximity to essential services, which are quintessential to the Tampines estate.
With a remaining lease of 60 years, this property still possesses substantial time for potential appreciation, making it an attractive investment for discerning buyers. The model confidence rating is high, bolstered by a comprehensive analysis of 143 recent HDB resale transactions in the vicinity, which validates the current valuation and market dynamics. As the landscape of Singapore's real estate continually evolves, this HDB unit stands out not only for its competitive pricing but also for its strategic positioning within a thriving community.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.